About Occidental Petroleum (NYSE:OXY)

Occidental Petroleum Corporation (Occidental) is an oil and gas exploration and production company. The Company operates through three segments: oil and gas, chemical (OxyChem), and midstream and marketing. The oil and gas segment explores for, develops and produces oil and condensate, natural gas liquids (NGLs) and natural gas. The OxyChem segment manufactures and markets basic chemicals and vinyls. The midstream and marketing segment gathers, processes, transports, stores, purchases and markets oil, condensate, NGLs, natural gas, carbon dioxide (CO2) and power. The Company also trades around its assets, including transportation and storage capacity. Additionally, the midstream and marketing segment invests in entities that conduct similar activities. Occidental's domestic upstream oil and gas operations are located in New Mexico and Texas. Its international operations are located in Bolivia, Colombia, Oman, Qatar and the United Arab Emirates (UAE).

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Occidental Petroleum (NYSE:OXY) Frequently Asked Questions

What is Occidental Petroleum's stock symbol?

Occidental Petroleum trades on the New York Stock Exchange (NYSE) under the ticker symbol "OXY."

How often does Occidental Petroleum pay dividends? What is the dividend yield for Occidental Petroleum?

Occidental Petroleum declared a quarterly dividend on Thursday, February 8th. Stockholders of record on Friday, March 9th will be given a dividend of $0.77 per share on Monday, April 16th. This represents a $3.08 annualized dividend and a dividend yield of 4.52%. The ex-dividend date is Thursday, March 8th. View Occidental Petroleum's Dividend History.

How were Occidental Petroleum's earnings last quarter?

Occidental Petroleum Co. (NYSE:OXY) released its quarterly earnings results on Tuesday, February, 13th. The oil and gas producer reported $0.41 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $0.41. The oil and gas producer earned $3.59 billion during the quarter, compared to analyst estimates of $3.54 billion. Occidental Petroleum had a return on equity of 3.29% and a net margin of 9.88%. During the same quarter last year, the company posted ($0.13) EPS. View Occidental Petroleum's Earnings History.

When will Occidental Petroleum make its next earnings announcement?

Where is Occidental Petroleum's stock going? Where will Occidental Petroleum's stock price be in 2018?

18 analysts have issued 12-month price targets for Occidental Petroleum's shares. Their forecasts range from $47.00 to $85.00. On average, they expect Occidental Petroleum's stock price to reach $69.57 in the next twelve months. View Analyst Ratings for Occidental Petroleum.

What are Wall Street analysts saying about Occidental Petroleum stock?

Here are some recent quotes from research analysts about Occidental Petroleum stock:

1. According to Zacks Investment Research, "Occidental Petroleum’s shares have gained higher than the industry in the last six months. As Oil prices continue to improve, Occidental Petroleum will benefit from more oil production in the Permian Resources and from concentrating on high margin production region. The fundamental strength of the company will help it overcome the adverse impact from natural disasters. The company generates stable cash flow and its Chemical plant will further improve its cash flow. Occidental Petroleum, like other oil and natural gas companies, faces the risks of cost overruns and development interruptions due to delays in drilling and other approvals, property or border disputes and equipment failures." (1/4/2018)

2. Jefferies Group LLC analysts commented, "OXY adjusted EPS of $0.15 beat our estimate of $0.10 and the consensus of $0.09, with the positive variance compared to our estimate due primarily to better Chemical earnings." (5/5/2017)

3. Mizuho analysts commented, "One month ago, we published a note highlighting our concerns about the impact of a resurgence of pipeline attacks in Colombia in early 2017. The attacks, combined with extended turnarounds in the Middle East, result in the company formally lowering 1Q17 international production today by 10 mboe/d to 580-585 mboe/d. We trim modeling assumptions and lower earnings estimates to reflect the impact of the interruptions. We maintain our Neutral rating and $67 PT on OXY shares." (3/28/2017)

Occidental Petroleum's stock was bought by a variety of institutional investors in the last quarter, including Barrow Hanley Mewhinney & Strauss LLC, Millennium Management LLC, Mackenzie Financial Corp, Tide Point Capital Management LP, Schroder Investment Management Group, Element Capital Management LLC, Amundi Pioneer Asset Management Inc. and Bank of New York Mellon Corp. Company insiders that have bought Occidental Petroleum stock in the last two years include Cedric W Burgher, Vicki A Hollub and William R Klesse. View Insider Buying and Selling for Occidental Petroleum.

How do I buy Occidental Petroleum stock?

Shares of Occidental Petroleum can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Occidental Petroleum's stock price today?

One share of Occidental Petroleum stock can currently be purchased for approximately $68.16.

How big of a company is Occidental Petroleum?

Occidental Petroleum has a market capitalization of $52.16 billion and generates $13.27 billion in revenue each year. The oil and gas producer earns $-574,000,000.00 in net income (profit) each year or $0.71 on an earnings per share basis. Occidental Petroleum employs 11,000 workers across the globe.

MarketBeat Community Rating for Occidental Petroleum (OXY)

MarketBeat's community ratings are surveys of what our community members think about Occidental Petroleum and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Occidental Petroleum (NYSE:OXY) Analysts' Consensus Rating

MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.

MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.